The Chancellor of the Exchequer has announced several changes to Stamp Duty Land Tax in today’s budget. To keep our clients informed and up to date, below is a summary of the key points. Stamp Duty Land Tax: Relief for first time buyers A relief for first time buyers of residential properties costing no more […]
Since the introduction of the controversial 3% Stamp Duty Land Tax (SDLT) on second residential properties we have seen a sharp increase in our investor clients purchasing commercial property and land. The purchase of a second residential property generates SDLT of 3% on the purchase price. This applies to any residential property over £40,000.00 so […]
Property Auctions give buyers and sellers a different way to buy or sell a property. There are two methods available and here we discuss both, with our comments on the legal side and the legal implications of each method. The Modern Method/Online Auction This is a popular way of selling a property and is often […]
Discussing the effect on Clients and Conveyancers Traditional Estate Agent Most high street Estate Agents will typically charge an average of £1500.00 or a percentage of the sale price, on a no sale no fee basis, with no deferred payment, so they get paid when the property sells. They usually often offer, a dedicated sales […]
When you make the decision to buy a property there are many factors to consider but one of the first things to decide upon is whether to buy a new build property or whether to buy a ‘second hand’ home. There are various things to consider when you decide to buy a new build property […]
First Time Buyers – Are you purchasing a property for the first time? Gaddes Noble Property Lawyers are here to guide you through the conveyancing process step by step. Quotation and Instruction Your first step will be obtaining a quotation from us. You can do this by telephoning the office or by sending us an […]
Are you thinking of getting a foot on the property ladder or wanting to ‘upgrade’ your present home? Are you finding it difficult due to money constraints? If so, the Government’s Help to Buy Scheme may be just what you need to help achieve your dream home. The scheme, first launched in its present form […]
